Worldcoin is a digital currency secured by cryptography. As a descendant of Bitcoin it shares many similarities but is more advanced and friendly to Brick and Mortar Businesses which require the fastest speed possible."
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Hey guys. There have been numerous scammers lately who have been private messaging redditors. Their goal is for you to send Litecoins to their address. So far, they've followed the same writing template. It looks something like this: https://imgur.com/0UZczuz If someone is telling you to send to a Litecoin address they are providing, DON'T. They're trying to steal your Litecoins. If you're not sure, read the wealth of knowledge below or comment below and I will eventually get to you.
(Re-post of u/Sparkswont cuz it was archived) Whether you're new to cryptocurrency and have no clue what a 'litecoin' is, or a seasoned investor in cryptocurrencies, the resources below will answer all your questions. If you still have questions, feel free to ask below in the comments!
What is Litecoin?
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Litecoin is one of the largest, oldest, and most used cryptocurrencies in the world. Similar to Bitcoin, Litecoin uses blockchain technology to process transactions. So what's the difference? To process a block, Litecoin takes 2.5 minutes rather than Bitcoins 10 minutes. This allows for faster processing times. Litecoin also has the capability to produce a total of 84 million units, compared to Bitcoins 21 million. In addition, Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard. Still confused? Take a look at this video!
Where can I buy Litecoin?
There are many websites and applications where you can buy and sell Litecoin, but make sure the exchange you are using is trusted and secure. Here are some exchanges that are trusted in the cryptocurrency community:
Litecoin (and other cryptocurrencies) is stored in a digital wallet. When storing Litecoin, you want to make sure you trust the place you store them. This is why it is best to store them yourself through the electrum wallet. It is highly suggested to not store your Litecoin in an exchange (such as Coinbase, Poloniex, Bittrex, etc.) because you don't control the private keys. If the exchange ever goes offline, or becomes insolvent, your Litecoin essentially disappear. Some other options are:
If you're a fan of mobile devices, then Loafwallet is the wallet for you. Developed by a Litecoin Foundation Dev, losh11, this mobile wallet works great! And remember to always make sure to write down your seedkeys.
Hardware wallets are another great option, in fact, they are said to be the most secure way to store cryptocurrencies. Below is a list of the litecoin flexible hardware wallets.
Litecoin is in the top ten of all cryptocurrencies by market capitalization. Websites are rapidly adopting Litecoin as a method of payment as well. If you yourself want to accept LTC as a business, you can refer to these merchant manuals. Alternatively, if you would like to explore websites that accept Litecoin, head over to /AcceptingLTC. Here are also several of our favorite merchants accepting Litecoin.
Where can I discuss Litecoin?
The Litecoin community is extremely kind and robust. There are many forums and places where you can discuss Litecoin with others who are interested in the currency. Here are the main ones:
If you have more questions, or are genuinely interested in learning more about Litecoin then be sure to read this series. If you have a specific question that you can't seem to find the answer too, ask below and someone will help you out!
I'm in Canada so i cant use any of the sites that require US or European currency. I've looked around for the last few hours on youtube, reddit, an assortment of bitcoin related sites and i just can't figure out how to buy some damn bitcoins. Can anyone help a noob with some kind of step by meticulously small step process? lol i just want some damn bitcoins.
So the bitcoin network starts off 2016 much stronger than it entered 2015. With over a billion $ in startup investment capital. It is crazy to realize that it is worth R111,415,577,100 in valuation (amount of coins multiplied by freemarket price) and this is just the beginning. Compare this to standard bank at R188,4B especially if you consider they are down about 40% in the past year where bitcoin is up 533% since 2013, and up 61% in the last 6 months. 1 bitcoin = R7404 Crazy you might say.. no. Go look up what quantitative easing is. Hint: The banks have been creating trillions, devaluing your savings. Bitcoin's processing power is now at 832,017,286,000,000,000 SHA256 hashes per second. This is what work it requires to mine bitcoin, what makes it secure and why we trust it more than some database in someone's vault that they can go edit if they please. This is real measurable energy consumption. Almost like digging up gold, just more humane. With 6 months left till the amount of new bitcoins mined halves to 12.5BTC per 10mins. We'll be entering the realm of sub 5% yearly monetary base inflation. This means instead of R788,400,000 worth of bitcoin created per month it will become only R394,200,000 worth per month newly issued. This new cycle will run for 4 years, like the last, before it halves again, and again. Until eventually in 140 years from now we have the last bit of bitcoin at 21million BTC. 21,000,000.000,000,000 should be enough for everyone. I've used rands so people can understand the scale of this thing a bit better. The exchange rates change over time according to free markets. Edit: I've added a list of links.. far from complete, but good enough to get started. I recommend south africans to use bitx market to exchange BTC/ZAR. Watch the links under knowledge in this list. Wallets: breadwallet iPhone bitcoin Android more on bitcoin.org/en/choose-your-wallet Exchanges: bitx ZAR, MYR, NGN, KES, IDR kraken EUR, USD, CAD, GBP, JPY, LTC okcoin CNY, USD vaultoro XAU (gold) There are many more.. Useful services for south african bitcoin holders: bitrefill Buy 8ta, cellc, mtn or vodacom airtime using bitcoin. takealot.com Buy things online for delivery, use instant eft then bitcoin on checkout. namecheap Domains for bitcoin. Tools: bitxZAR bitx market for south africans. bitcoinwisdom for seeing live exchange rates across many exchanges. cryptowatch has some other exchanges listed aswell and nice plotting tools. bitcointicker realtime market ticker. coinigy professional crypto trading platform (30 day free, 0.054BTC/mo) blockchain.info viewer, wallet provider and blockchain api blockr.io blockchain viewer and api bitpay easy bitcoin integration provider Community reddit/bitcoinreddit/btcbitcointalk forumsbitcoin.com forum
There are lots of nice communities on IRC with rooms for discussing various topics and people giving free support for problems
You can access the Freenode IRC channel through your web browser here: http://webchat.freenode.net/ Channels begin with # and you can specify multiple ones using a , between them. i.e #bitcoin, #electrum, #coinbase
bitcoin-cad freenode Chatraum - 9 Besucher - vor 93 Minuten - aktuelles Topic: Strange things are afoot at the Circle-K; See BitFinex. Kategorie: Bitcoin CAD Chaträume Most of the following Bitcoin-related IRC channels are available on Freenode: Please read: Bitcoin IRC Channel Guidelines before joining . Contents. 1 Bitcoin Project. 1.1 Local communities; 2 Mining Related Communities; 3 Communities for Exchanges and Trading; 4 Related Communities; 5 See Also; Bitcoin Project. Channel Description IRC Web #bitcoin : General Bitcoin-related discussion and ... Facilitating CAD <-> BTC trades; discussion of setting up services for Canadians, including an exchange. Join us! jump to content. my subreddits. edit subscriptions. popular-all -random-users AskReddit-news-tifu-funny-todayilearned-pics-aww-worldnews-personalfinance-Jokes-gaming-videos-science-OldSchoolCool-television-movies-mildlyinteresting-explainlikeimfive-Showerthoughts-gifs ... You have stumbled upon the Kiwi Webchat for the freenode project. To learn more about the freenode IRC network, the freenode #live conference and other freenode projects head over to our website.our website. During the Easter weekend (April 12th to 15th) we will be purging the freenode services database. We periodically prune the database to remove expired accounts, nicknames and channels. Just like previous database purges we will be removing any accounts and nicknames that have not been used for 120 days at the time of the purge. We appreciate that not everyone remembers to identify to services ...
Well even if the price action isn't going anywhere fast, at least there are mysteries being solved and car chases. This show will be more on recent news since Bitcoin has not been making many big ... i bitcoin to ksh i bitcoin to cad i bitcoin to aud i bitcoin to euro bitcoin jobs bitcoin jesus bitcoin john mcafee bitcoin jokes bitcoin japan bitcoin jewelry bitcoin jack bitcoin js bitcoin ... Email: [email protected] how to sell tbc - how to sell tbc coins on the exchange. 5, how to sell tbc to btc with global exchnge how to sell your tbc co... ★25 statistical charts and stats about the bitcoin blockchain! ★Compare Volume and Price between different Bitcoin markets! ★Chat with other traders on IRC Freenode #bitcoin -analysis channel! Today I swung by Bitcoin Solutions in Edmonton AB Canada to chat with Jarret (@JD2983 on twitter) about his recent projects, experimenting with lightning network, and how quickly the protocol has ...